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Search Results 0 to 34 of about 35 (some duplicates have been removed)
it doesn't. maybe we get a debt ceiling fight down the road. washington still hanging on this economy to a great degree, it means the fed -- also nowhere near the unemployment target. there's nothing in the numbers to suggest the fed would be anything but completely dovish. >> sue? >> josh is going to join the conversation now. i think basically ben set it up for us perfectly. it does seem to be the u.s. fed versus the rest of the world. and once again mr. bernanke is presented with a crisis in another part of the world which may have to influence what he does here in the united states. >> that's exactly right. cyprus is going to play a big role in how he deals with europe. i think the fed wants to be curbs. if it's going to make any kind of move, it wants that move to be successful. that's going to be a guiding principle going forward. we have to remember there's a lot of forward looking events like that debt ceiling issue which is going to crop up in the middle of may. how we handle that will influence the economy going forward. we have to think forward when we read through the fed.
have crazy -- another complication over the debt ceiling. at this point, it is dysfunct n dysfunctional politics getting in the way of an economy gradually getting its act together. >> does the economy in terms of federal finances need what's been characterized as a grand bargain? do you think it's possible? i was listening to a political analyst who said if a grand bargain means somebody has to -- each side has to sign on to raising tacks and cutting entitlement, he knew of no politician who would buy that bargain. >> i don't think it's likely, but i wouldn't put it this way. i would say the division between the parties is too large. that we've -- we as republicans basically have not acknowledged the election. that's the problem. it is not urgent. the congressional budget office debt projections show pretty much stable u.s. indetectivedness for the next ten years. they do not show anything that looks like a crisis. we have long, long run problems but not anything that has to be dealt with this year or five years from now or seven years from now. >> are you worried about t
, sequester, the debt ceiling, all of those issues seem to be moving out later into the year. so as a result the impediments that were slowing the economy down over the last couple of quarters we think will result in better economic growth. the equity market is starting to sense that. i think to some degree that is some of the reasons why the markets ignored washington and ignored sandy so far this year and is up 10% or so. >> that is why you have such a bullish forecast for the s&p. you are calling for it to end the year at 16.60. it is all going to play out pretty strongly. >> we think corporate earnings will chug along may increase about $108 full year for the s&p. we think we will get a little multiple expansion from 14 to 15 times as treasury yields continue to work higher. that will drive out of bounds and into stocks. we think the equity market ends up with a 15% to 20% positive return for the year. >> that is a good way to turn to stocks that are going to perform well. you have len on the big board as your top pick. you reported the blowout earnings this year. the stock has been on a
to be two-pronged. you are going to have a debt ceiling debate when funding for the government runs out. president and white house wants to have a deal with some kind of tax increase and house republicans do not want to include that in any kind of package. they don't want the debt increases limited. secondly, there is talk about a grand bargain to get a new budget in place. >> gregg: how do you handicap that? >> i think this is one of better chances we've seen in a while. >> gregg: why, because the president is paying attention to his poll numbers which is dropping considerably? >> i think he is paying attention to congress. first term he ran against them for reelection campaign. he didn't want much to do with congress. he didn't work with them or invited them up to the white house. this is the first time we have soon signs of reaching across the 16 blocks to capitol hill. i think house republicans have come to the point where they really see that the american public is sick of what i would call crisis fatigue. every three to five months there is some crisis in congress and go down to t
reforms and any debt ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because we're saying let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. let's love people. let's care about people. >> and that's your morning's dish of scrambled politics. >>> and bill karins is here. let's love people, bill. do you have a good weather report for us? >> no. i should just turn around and leave and go back home. i wish i was a bear and could hibernate and wait until it's spring. wait, it is spring. the bear is very confused. so is punxsutawney phil. that was a bust. let's talk about the wind chill. half the country has a whipped chill
of the deal by extending the debt ceiling. because they wanted to make the democrats vote on a budget. lou: how can so many members of our senate continued to spend whatever and the like they have on these procedural maneuvers. >> that is basically what the senate does. >> there i go. >> constituency to get the house and the senate together. no presidential leadership yet for a grand bargain. no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the president is incapable of doing the right thing? >> i'm comparing how talented this man is. >> why doesn't he apply that? >> you know, that turns out to be laughable. the odds are empirically before him. you know, that is just unreasona
for the upcoming battle over the next round of negotiations on the debt ceiling, which i think both republicans in the house and the democrats in the senate and the white house are going to say, you know, again try to find -- could they reach a grand bargain, any kind of bargain not only to raise the debt ceiling but bring down the deficit long term. the democrat budget, of course, talks about a big tax hike over ten years of about $1 trillion. republicans say they're not going to do that. they want to roll back obama care. these are the two outside extreme positions. that's where we're at now. going forward can they come together and find some middle ground? >> weigh in on that, lauren. is there really a chance for reconciling these two extreme budgets? >> i think david kind of nailed it here. when it comes to the budgets, they're just a little bit too far, but this budget process isn't a waste of time. i think it's promising that they went through regular order. this is something that the senate hasn't done. they haven't passed a budget this a long time. i think what we'll see is this may ope
. the debt ceiling. so we only have one out-perform rating right now, which is technology. that's been a long-standing outperform for us. one underperform was consumer discretionary which is the potential for problems because of the tax increases. it turns out it's not having the impact on consumer spending as a lot of people thought. >> great advice. thank you so much. great to you on the prom. liz ann sonders and heidi moore joining me. up next, we're on the money. what is starbucks' recipe for success? my conversation with the company's founder and ceo about how he wants to do for tea what he has done for coffee. >>> and how health care may not be so healthy a business. >>> and later, talking tough on the smartphone market. can a new phone from a glass economy not so far away take a bite out of apple? what innovation means for your personal technology use, as we take a look at how the stock market ended for the week. back in a moment. >>> welcome back. president obama pushing for an increase in the minimum wage to $9 an hour. but business is debating the unintended consequences of such a m
to medicare as well. a lot of differences and we have another deadline coming up. the debt ceiling will have to be revisited this summer, alex. >> looking forward to that. >> reporter: yeah, we all are. >> thank you very much, kristen welker. >>> joining me right now, andy sullivan and ann palmer. ann, i'll begin with you. the president is back from the middle east. the reviews are out there. how are you getting the word in terms of how he was perceived? >> i think one of the key things you can look at is what the israeli press put out in the days following his first steps and throughout the entire visit and it was a resounding applause. he got very good praise from them. obviously from what he was trying to do was take that frosty relationship with benjamin netanyahu and try to piece it back together. he did that. it was exactly what he needed to do. there wasn't a lot of meat on the bones in terms of policy but from what he set out to do, that was kind of a mission accomplished. >> i have to say i get a chuckle. he said shalom. andy, the big picture there. what did the president accomplish
stepped back because we do have this debt ceiling vote coming up soon. we have to stop the spending -- >> neil: you used to work there, and i always think there's a method to all madness, and i think that someone there, within the ranks of the party establish; must be saying, we can't agreg aggressively push this because maybe in and of itself, pushing the idea of immediately attacking the debt and we don't, immediately backfires on us. >> i'll go bark the words of the former chairman of the joint chiefs of staff mullen who said our debt is the most critical national security crisis of the country. that it is coming from the chairman of the joint chiefs of staff. i believe everybody else in washington, dc would get onboard. you would not think that something such as that financial matter would have something to do with national security but it does you. look at what its going on with the missile interceptors we're moving up into alaska, it's costing us now two to three times what should it have cost, and we'll hear to borrow money from china, in order to have a missile defense shiel
. obviously it could change. that or the debt ceiling deadline coming up in the spring. we don't know if we'll get a reprieve turned into a pardon. >> thank you, sir. >>> the governor of colorado today signed new laws that regulate the sales of guns. hours earlier somebody gunned down one of his state's top law enforcement officials. the man who heads the bureau of prisons, opens the door and he's shot dead. connection? the latest from both ends of this important story coming up. max and penny keptur bookstore exciting and would always come to my rescue. but as time passed, i started to notice max just wasn't himself. and i knew he'd feel better if he lost a little weight. so i switched to purina cat chow healthy weight formula. i just fed the recommended amount... and they both loved the taste. after a few months max's "special powers" returned... and i got my hero back. purina cat chow healthy weight. after a few months max's "special powers" returned... with an intuitive motion activated lid and seat,ad bold makes sure you'll never have to ask him again. >> shepard: the head of the color
're going to do the recession here first. you can see back in september 2011, when we're dealing with debt ceiling, the probability of recession by this group, 36%, fell to a low of 19% around the winter of 2012. remember when everything was being looking good, it dipped down again. the probability of recession went up again. now it's fallen again for the second straight month. 2011, 17.6%. not quite off the charts because we still have room here but it's the lowest that we've seen since we began asking this question. i don't know if we have the growth forecast chart here, guys, if we can go back to that. here are the actuals. year over year gdp, 2.6, 1.8, lackluster and picking up to a lackluster not great 2.6%. i want to share with you some views of the economy from our 54 respo respondents. firming housing prices are a game changer. there is something much more self-feeding about recovery this year. could be a turning point. the objepposite from john rober. we believe a recession/economic slowdown is a possibility in the latter half of 2014 or early in 2015. some of the excesses that co
as well if there. we've got it coming up, the debt ceiling in may, and 27th of this month, we are running out of money. we've got to extend that as well. so i think those are the opportunities where you actually have cash on the sidelines, get in. >> then there's jim lacamp. you say when the music stops, forget about looking for a chair to sit in, get out of the room altogether. why? >> there are a lot of things we have to worry about, bill and maria. this cyprus thing is going to set some really strange precedents for the rest of the periphery. what's going to happen when they re-open these banks? we don't know. are people going to pull all their money out? i think they will. that's going to spill over to spanish and portuguese banks. if you could take your money across the street and put it in a german bank, why in the heck would you leave it in a spanish bank, a greek bank, a cyprus bank? you wouldn't. >> why would that push our stock market lower there, though? >> we have a stock market, bill, that's responding the to and improving global economy. everybody has thought, oh, europe is
over the debt ceiling debate, over europe. and then a new high. i do see the s&p going to 1600 this year. probably this summer. >> really? >> then i see growing chances of a major correction that may take a couple years or may take several years. but it's clear to me u.s. demographics only get worse. we're running $2 trillion. fiscal stimulus. in qe a year to create $300 billion in gdp growth. 2% growth. that's a bad equation. >> nathan, why don't you pick it up. part of harry's argument seems to make sense. he is looking for 1600 in the s&p at some point. change your view at all? >> yeah, i know. harry has been calling for the world to come to an end for a long time. i brought my umbrella. >> what are you, mary poppins? >> i'm going to take off. look, the fact of the matter is we are actually having good news. it's hard for some people to say, really, there's fwood news? you pump $4 trillion in. you don't have the fed pulling its money out which it's not going to do any time soon. you've got to take a look at facts on the ground. we've got $900 billion sitting in money market
in exchange for voting to raise the debt ceiling but won't be a big midnight battle like the last couple. >> thanks so much. >> thank you. >>> today's tweet of the day comes from pentagon press secretary george little. today is national medal of honor day. take a moment to retweet a salute to medal of honor recipients throughout american history. #heroes. n horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com in that time there've been some good days. and some difficult ones. but, through it all we've persevered, supporting some of the biggest ideas in modern history. so why should our history matter to you? because for more than two centuries, we've been helping ideas move from ambition to achievement. ♪ and the next great idea could be yours. ♪ >>> the weather is giving new meaning to the term march madness. a major storm dumping several inches of snow on a wide area from the midwest to the mid-atlantic. st. louis has gotten about a foot. it is the biggest one day total ever for march. weather channel meteorologist mike seidel has more fr
development, which is this idea of what will congress do when it hits the debt ceiling. you can see the past two surveys, nearly 90% of respondents think congress will raise the debt ceiling every time it's reached. let's move on to what wall street thinks -- will they consider with the sequester? yes. will it consider and change the makeup. 33% say yes. should it increase spending cuts? 21 #% said. bottom line, only 17% a year think congress should reduce the spending cuts. if you add all of this up together, what you find is a large number who believe congress should keep the plan but they want a little flexibility. how urgent is it? 80% of the march survey said congress should urgently enact a sustainable deficit plan. that has come down to 67% with 25% agreeing that it needs a little more time. that group of respondents, 54 of them market participants say that they should be reducing the deficit. here's some of the can comments. the only thing the economy has to fear is washington itself. an interesting comment. the public wants less cutting of the budget. they are seen as positive. the
: there are all kinds of fiscal issues with the budget, with sequester and the debt ceiling, not far off. have you offered a number of ways that you think the federal government could be cutting back. your office is good at looking at budgets and plans. you have note aid number of things that could have been done n. liu of closing the white house to public visitors, but did you have bipartisan crossover. >> i had bipartisan crossover because they're getting ready to run for election. there is a game play in the senate. this administration wants to show the american public that we can't cut $44 billion between now and september 30 without them experiencing massive pain. they have every intention to make it hurt to get the point that we need to spends every penny we are spending. which is absolutely ludicrous. it's a shame they are doing that because a lot of things -- we are going to have air traffic control towers shut down. they are not shut down because they are too expensive. on average, they cost $wo.3 million less per year to operate. they are shut down to come back with unionized employees i
't and jumped out at me. one of the things we heard going back to the debt ceiling negotiations in the summer of 2011, john boehner saying in effect the president played loosesy and -- lucy and yanked football and was not keeping his word on obligations he said he would undertake. i wonder if joe biden going back to offer a at this time for at that time argument? would be interesting to for reporters would follow up. what were the five occasions? what were the specific deals and how did republicans back out at them? bill: what date did it happen and what did republicans supposedly promise you and how did they renege on that. >> right. bill: here is john boehner, 10 days ago, similar topic here. listen to the speaker. >> republicans want to balance the budget. the president doesn't. republicans want to solve our long-term debt problem. the president doesn't. we want to unlock our energy resources to put more americans back to work. the president doesn't. bill: he also said it will take more than dinner dates and phone calls. and that goes back to your point about the charm offensive. like, wha
're trying to figure out their way out of sequestration to the next crisis, which is the debt ceiling limit and a budget. let's face it, the president as a matter of law, budget october of 1974 requires the president to deliver a budget on or before february 1st, where is the budget. not the republicans problem. we are supposed to act off the president's budget that never arrived. >> megyn: i want to ask you, julie, you mentioned something interesting about how this is aimed towards recapturing the house of representatives in the next mid term election, 2014, and no biden did say, please, please work hard to elect 17 new house democrats. now, that's a serious longshot, it's a hail mary, and i'm not saying it can't hop, but this would be-- >> yeah, but so, that seems to be, the pundits came out and told us that's what president obama was aiming for with the charm offensive speaking to the american people, we're reasonable we can get things done. go with the democrats. and again, why would joe biden not just be going with that for now, knowing there are reporters sitting there, who are going
the debt ceiling is hit. i think that's the most fertile time for us. i think what republicans want to see, wolf, they want to see a 75-year actuary soundness. we want to make sure the programs are going to be there for the future. the president knows we want to make sure these programs are there, and what the presidents wants, obviously, is some additional revenue. i believe there's a possibility if we could get the 75-year soundness on medicare and social security with appropriate changes and reforms, i think there may be a way through full tax reform to do something that will generate revenue and fit the needs of both sides, and that's what i'm hopeful is going to happen over the next four months. look, there's no negotiation that's happening right now. there's some general discussions that have taken place, but i think the environment is going to be the best that it's been in the next several months. >> just to be precise, under certain circumstances to save social security and medicare over 75 years, you'd be willing to raise tax revenue. do you have a number, two to one, three to one
's spain, there's the debt ceiling, there's fiscal cliffs, there's all of thee things. yet if you look back at this past four years the economy has continue to grow. it is what we call the plow horse economy. it is not going to fall over. it is going to keep moving forward, productivity is improving. efficiency is improving and profitability is improving. and that's what's been driving the economy and the stock market. >> one last quick comment, chad. >> it is a big "but." brian is correct that the u.s. government -- u.s. economy's improving. but we still have fundamental issues in the structure of our economy, imbalances. we are not out of the woods yet. we're not in self-sustaining recovery. we need to start to see that to become increasingly more bullish on the financial markets. >> that was really good. you're a good double act. we should have you on more. thank you both. brian and chad. have great days. >>> seven years ago today twitter co-founder jack dorsey sent the first tweet writing just setting up my twitter. since then the media giant has become a staple for millions. it has tra
and the debt ceiling. it seemed like he was a on a roll in the early weeks. >> right, jon, but that may establish the point which is, that if you start out with a lower level of popularity than presidents traditionally started out, their second term, you have further to fall, to rise in the polls if you're numbers go up but you have less to fall if, below to get that below that 50% mark. if you start out with a highly partisan, politicized electorate they will really come down on you like a ton of bricks if you do anything they don't like, which is a point that nate silver made in a recent analysis on the polling drop. i think coming right after this, the president's, what seems to be a very successful trip to the middle east just shows you that the american people are focused on the economy and they're focused on economic uncertainty. they're not focused on foreign policy as much as some of us would like, they really care about whether or not he's going to deliver any economic prosperity in the second term. jon: as we look at that video of the president shaking hands with world leaders
Search Results 0 to 34 of about 35 (some duplicates have been removed)